26th August 2019 – Global Sodium
Chlorite Market size is expected to reach USD 256.4 million by 2025.
Sodium chlorite is a chemical compound with a formula “NaClO2”. It is a white
crystalline and odor less powder, which is used in the production of chlorine
dioxide. It is commonly known as “sodium salt”. It completely dissolves in
water and slightly soluble in methanol & ethanol. Sodium chlorite is used
for water disinfection and purification, bleaching agent, weed control, and
others.
Also, combination of sodium chlorite and
zinc chloride is used as a component in toothpaste, mouthwash, sprays and gels.
The compound is hard to burn, but accelerates the burning of organic
constituents. It is available in two forms like liquid and pellets large
crystals. The sodium chlorite industry is expected to register a CAGR of 6.0%
over the forecast period as the scope, product types, and its applications are
increasing across the world.
The increasing demand for sodium
chlorite from various industries like healthcare and sanitation due to its
excellent disinfectant, antimicrobial, and bleaching properties and growing
urban population that increases use of sodium chlorite for water purification
are major factors expected to boost the sodium chlorite market growth in the
future period. However, increasing cost of raw material, stringent government
rules & regulations regarding the use of sodium chlorite, and availability
of alternatives such as hydrogen peroxide & ozone used for pulp bleaching
are expected to restrain the sodium chlorite industry in the forecast period.
The sodium chlorite market is categorized based on application, end-use and
geography.
Get
a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/sodium-chlorite-market/request-sample
Application that could be explored in
sodium chlorite industry includes antimicrobial agent, disinfectant, bleaching
agent, and others. The demand for sodium chlorite as a bleaching agent is
expected to grow at a CAGR of 4.6% in the forthcoming years due to its superior
oxidizing properties. Also, growing demand for sodium chlorite as antimicrobial
agents in the food processing industry to enhance the shelf life of packaged
products is anticipated to have a positive impact on market growth in the
forecast period.
The market may be categorized based on
end-users such as paper & pulp, water treatment, textile, medical, and
others. In 2016, water treatment sector accounted for 53.2% market share and is
expected to lead the overall market in the coming years. This is due to
superior antimicrobial & biocidal properties associated the sodium
chlorite. However, textile industry is anticipated to grow at a CAGR of 6.3% in
the years to come due to its emergence as an excellent source for chlorine
dioxide.
Asia Pacific is accounted for 38.7% of
total market share in 2016 and is anticipated to lead the overall market growth
in the future period. The reason behind overall market growth may be growing
pulp & paper and water treatment industries and presence of key
manufactures in this region. Moreover, China is a leading consumer of sodium
chlorite in Asia Pacific region. Further, North America and Europe are expected
to follow the market growth in the coming years.
Europe is the second largest region with
significant market share. However, North America is expected to witness a
growth of 5.4% in the forecast period due to rising government initiative to
improve water and wastewater treatment processes. In this region, sodium
chlorite is used to de-ice the highways and streets during heavy snowfall.
DuPont, Occidental Petroleum Corporation (OxyChem) and American Elements are
the major producer of sodium chlorite in North American region. Headline and
Adox are the two major brands of sodium chlorite manufactured by DuPont.
The key players operating in the sodium
chlorite market are DuPont, Occidental Petroleum Corporation (OxyChem), ERCO
Worldwide, American Elements, Alfa Aesar, AngeneChembo Pharma, ABI Chemicals,
AOK Chem, Erco Worldwide, J and K Industry, Fintech Industry, Santa Cruz
Biotechnology, Sigma Aldrich, Shanghai IS Chemical Technology, Tractus Co.
Ltd., JalorChem, and OxyChem. These market players strongly invest in the
expansion of their business and development to maintain a top position in the
market. Also, these players concentrating on new joint ventures,
collaborations, agreements, and strategies to improve their production
facilities and gain a larger share in the market.
For More Details, Visit @ http://www.millioninsights.com
No comments:
Post a Comment